Firefly AB Total Risk Alpha
| FIRE Stock | | | SEK 190.20 1.00 0.53% |
The Total Risk Alpha indicator for Firefly AB is constructed from normalized market data. Values reflect historical observations within the available dataset. Firefly AB has a market cap of 535.22 M, operating margin of 10.41%, ROE of 24.12%. Review
Investing Opportunities for a broader allocation view. Current allocation data is available for review. Allocation context is based on the most recent position data. The dataset is presented as structured reference material for independent review. A position in Firefly AB is indicated here. It is reflected in the overall portfolio structure. Position weights are derived from the portfolio construction methodology. All values are presented as reference data. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in inflation.
Firefly AB has current Total Risk Alpha of 0.1962. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.1962 | |
| ER[a] | = | Expected return on investing in Firefly AB |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Firefly AB |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Firefly AB is rated
below average in total risk alpha relative to competitors. It is currently under evaluation in maximum drawdown relative to competitors yielding
49.80 of Maximum Drawdown per Total Risk Alpha. For Firefly AB, Maximum Drawdown stands at
49.80 times Total Risk Alpha
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Firefly AB to Peers
Other Technical Indicators